Eagle Aquatics Inc

Analysis

Eagle Aquatics Inc is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eagle Aquatics Inc reported income of $490k and spending of $517k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $414k to $490k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eagle Aquatics Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Eclipse Soccer Club Inc ($490k), USA Softball of St Louis ($490k) and Polonia Youth Soccer Club ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $91k (18% of expenses). At year end it held assets of $84k against liabilities of $15k, net assets of $68k. It reported 11 employees.